The Evangelist mentions Jubilee USA as the driving forces behind the passage of the New York Taxpayer and International Debt Crises Protection Act (S4747, A2970). Read an excerpt below, and click here for the full article.
A Catholic approach to global debt
By Walter Ayres
The focus of this concern is a bill known as the New York Taxpayer and International Debt Crises Protection Act (S4747, A2970), sponsored by Assemblymember Patricia Fahy. The New York State Catholic Conference supports the bill because “these debt relief initiatives have direct, positive effects for our trading partners, the legislation addresses U.S. inflation and economic and supply shocks and helps bring down the cost of eggs, flour, coffee and other commodities.”
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